COMMERCIAL

Southland Times, Issue 22898, 25 May 1936, Page 2

COMMERCIAL

SHARE MARKET INVERCARGILL STOCK EXCHANGE LINES QUOTED FREELY

With the exception of the insurance group, all lines were quoted freely at Saturday’s call-over on the Invercargill Stock Exchange. There is still a firm demand for Government securities. Prices were quoted as follows: —

Thursday, May 28, at 6.15 a.m. for despatch from Wellington via Cape Hom by Waipawa. Due London July 1. INCOMING OVERSEAS. (Approximate Date.) M ■ 26—Monowai—Australian. May 27—Maunganui—English and American. ff. G. NIND, Chief Postmaster.

THE RIALTO William Todd and Co., Ltd., report the following sales at their weekly market: Pigs.—Entries in excess of demand. Small weaners 3/- to 6/-; medium 6/6 to 8/-; well grown 9/- to 12/-; small stores 10/- to 14/-; stores 15/6 to 19/-; porkers £1 11/- to £1 14/-; boars £1 10/- to £1 15/-. Poultry.—Hens 1/7 to 2/-; heavy breeds 2/3 to 2/10; ducks 1/8 to 2/7; Muscovy ducks 2/5 to 3/1; first and second year hens (account Mr Miller) 2/10 to 3/8; White Leghorn pullets 2/6 to 4/-; well-grown 4/10 to 7/1; Australorp pullets 7/- to 8/-; turkeys 6/-. Ferrets.—Unsaleable. Bacon Pigs.—We are cash buyers of bacon-weights 120 to 1501 b at 4Jd lb, freight paid. Produce.—Table potatoes. Supplies are plentiful The local demand is quiet and there is an absence of inquiries from the north. Prime King Edwards £5 to £5 10/- a ton; chaff £4 10/-; clover hay £4; straw £3 10/-; oats 10/- to 12/-; wheat 18/6 to 20/-; crushed oats 11/-; pollard 9/6; bran 7/-; sorrell 4/6; oatdust. 5/-; Meat Meal 11/-; Moose Meal 16/-; Moose Nuts 15/-; Boneflour 14/-; carrots for rabbiters £6 a ton; strychnine 4/6. Vegetables.—Cabbage 1/(5 to 2/-; cauliflowers 2/6; marrows and pumpkins Id lb; carrots and parsnips 6/- to 7/- cwt. Miscellaneous.—Barb wire 27/6 cwt.; No. 8 galvanized 19/6; rabbit netting 22/-; sheep netting 22/-; Cyclone £2 15/-; wheelbarrows 27/6; sashes 10/-; mauls 8/6; swingle trees 8/-; baths 65/-; kauri washtubs 55/-; timber 12/ - to IV- 100 ft stakes 25/-; droppers 10/- to 12/-; totara posts £7 10/- 100; dressed timber 24/- to 26/- 100; pickling barrels 7/6; rock salt 8/-; molasses 13/6 case; horse covers 26/-; cow covers 8/6; winkers 18/6; military saddles £2 10/-; bridles 10/-; honey 101 b tin 5/-; 601 b tins 41>d lb; mutton birds 8d; Ceylon tea 51b boxes 13/6; 401 b chests 2/3

Hedge Trees: White Escallonia, Red Escallonia, Macrocarpa, Pinus Insignus 20/- to 25/- 100; apple trees 3/-; ornamental shrubs from 2/6. FREEZING RATES DROP OF Jd IN LAMB SCHEDULE. EWE AND WETHER VALUES UNALTERED. In sympathy with the_ trend of the London market, on which there has not been the anticipated rise, a reduced lamb schedule comes into operation at the Southland freezing works to-day. Values have eased Jd all round, the new schedule, with the previous rates, being as follows: — _ New Previous

THE PRICE OF GOLD (United Press Assn.—Telegraph Copyright.) (Rec. 6.30 p.m.) London, May 23. The price of gold is £6 19/8 an ounce. (Continued on Next Page).

Government Debentures. Buyers. Sellers. £ s < £ s d Stock, 3J p.c., 1938-43 101 0 0 Stock, 3& p.c., 1938-52 Stock, 3J p.c., 1939-43 101 0 0 — Stock, 3J p.c., 1939-52 102 0 0 Stock, 4 p.c., 1940 102 5 0 Bonds, 4 p.c., 1940 102 5 0 — Stock, 4 p.c., 1946 104 5 0 — Bonds, 4 p.c., 1946 104 5 0 Stock, 4 p.c., 1949 104 10 0 Bonds, 4 p.c., 1949 104 10 0 Stock, 4 p.c., 1955 106 0 0 Bonds, 4 p.c., 1955 106 0 0 — Banks. Commercial 0 19 0 — Commercial, pref. 4 p.c. (cum.) 9 5 0 E. S. and A. Bank 6 2 0 National of New Zealand 3 15 0 New South Wales — 33 10 0 New Zealand 2 5 i 6 New Zealand Long “D” issue 1 9 6 Union of Australia 9 14 6 — Breweries. Dunedin Brewery Co. 1 8 6 — N.Z. Breweries (Shares) 2 12 9 — Coal. Kaitangata — 1 4 6 Westport Coal — 1 2 9 Loan and Agency. Goldsbrough Mort and Co. 111 9 N.Z. Loan and Mercantile 30 0 0 Wright, Stephenson and Co. (pref.) 1 0 0 Mortgage Corporation 0 10 3 — Meat Companies. Gear Meat Co. — — 1 1 0 N.Z. Refrigerating (20/- paid) 1 0 0 (10/- paid) ... 0 9 4 Southland Frozen Meat (10/- ord.) — 1 18 6 South Otago Freezing Co. — 8 0 0 Shipping. Howard Smith 0 17 5 —- P. and O. Stock 1 3 0 —• Miscellaneous. Australian Glass 4 8 0 — Colonial Sugar Co. — 42 0 0 D.I.C. (pref.) 1 3 0 Dominion Fertilizer 1 5 0 Dominion Rubber Co. 1 10 0 Donaghy’s Rope and Twine 2 11 0 Milburn Lime and Cement 2 3 0 N.Z. Drug — 4 1 0 N.Z. Farmers’ Ferti izers 1 0 9 1 2 2 N.Z. Guarantee Cor poration 0 5 3 N.Z. Paper Mills • — 1 10 0 Otago Daily Times 2 9 0 Wilson’s (N.Z.) Portland Cement 2 8 0 Woolworths (Sydney) 9 16 0 Shillings, Ltd (7/6 paid) 0 10 0 — Woollen Mills. Bruce 0 13 0 0 14 0 Kaiapoi (pref.) 0 18 0 — Mosgiel 9 10 0 Wellington Woollens 6 5 0 — Mining. Broken Hill 3 2 6 — Big River 0 2 2 Electrolytic Zinc (ord.) 1 17 0 1 18 0 Gillespie’s Beach 0 1 2 0 1 4 King Solomon 0 2 2 0 2 6 Mount Lyell 1 4 3 Mount Morgans 0 15 1 Nokomai 0 2 9 Okarito 0 2 6 0 3 9 Skippers 0 0 2J Waihi Investments 0 12 0 Waitahu 0 2 9 Waipapa 0 1 1 Martha Goldmining 1 0 0 Waimumu 0 0 6J 0 0 8 Sales Reported. King Solomons, 2/6. Woolworths, £9 14/-. Government Stock, 31 per cent., 1943, £102 15/-. NORTHERN EXCHANGES AUCKLAND. £ s d Bonds, 15/11/38-41, 39 per cent. 100 15 0 Bank of New Zealand 2 5 4J New Zealand Insurance (2) 3 2 0 New Zealand Insurance 3 1 10| Auckland Gas (15/- • paid) 19 9

Broken Hill Proprietary 3 2 6 Broken Hill Proprietary 3 2 9 Broken Hill Proprietary 3 3 0 Farmers Trading 0 9 5 Hume Pipe (Aus.) 18 6 Wilson Cement 2 7 0 Wilson Cement 2 7 3 Golden Dawn 3 1 Mount Morgan 15 2 Mount Morgan 15 4i Mount Morgan 15 4 Unofficial List Renown Collieries, 1/3/54, 6 per cent. 10 6 Woolworth’s (Syd.) 2 14 6 Waikoromijo 1 WELLINGTON. Bank of New Zealand 2 5 2 Mosgiel Woollen 9 15 0 Woolworths (N.Z.) 7 12 6 G. J. Coles 3 18 9 National Insurance 18 0 Wellington Meat Export (pref.) 18 11 G. J. Coles 3 18 6 Union Bank 9 15 0 Unofficial List Woolworths (Sydney) (late Friday) 9 15 6 Woolworths (Sydney) 9 15 0 CHRISTCHURCH. Unlisted Stocks. £ s d Shillings Ltd. (7/6 paid) (2) 10 0 Woolworths (Sydney, ord. cum bonus issue) 9 14 6 Listed Stocks. Bank of Australasia (2) 11 19 0 Commercial Bank of Australia (2) 19 3 Goldsbrough Mort 1 12 3 Mortgage Corporation (10/paid) 10 7 Mortgage Corporation (10/paid) (4) 10 8 New Zealand Breweries (cum div) 2 13 0 Tooth’s Brewery 2 12 0 British Tobacco 2 0 10 Dunlop Rubber 17 3 Electrolytic Zinc (ord.) 1 17 3 G. J. Coles 3 18 6 G. J. Coles 3 18 9 G. J. Coles 3 18 10 G. J. Coles 3 19 0 Quill Morris 18 3 Sales Reported. National Insurance (late sale 22nd) 18 0 Goldsbrough Mort 1 12 6 Broken Hill Proprietary (late sale 22nd) 3 3 0 Quill Morris 18 4 Mossy Creek 1 5 Sales Reported, Unlisted Stocks. Shillings Ltd (7/6 paid) (2) 10 0 DUNEDIN. £ s d Bank of New Zealand (late Thursday) 2 5 6 Howard Smiths 17 6 P. and 0. deferred stock 1 3 8 U.S.S. Co. (pref.) 1 6 9 Mosgiel Woollens (late Thursday) 9 15 0 N.Z. Breweries (late Thursday) 2 13 0 Mount Morgan 15 4 Unlisted. Shillings Ltd. 10 0

schedule, rates. d. d. 2’s 8 81 8’s 7J 71 4’s 7 Ts 1 61 64 Yl’s 71 71 Y2’s 6? 7 The ewe and wether schedules are unaltered, ewe values lows:— being as folIE, 3Jd. 7E, 3Jd. 3E, 3d. 9E, 2?<L 5E 2Jd. OE, 2Jd. XE, 2Jd. The Wether schedule I’s, 5Jd. Ts, 5id. is:— 3’s, 4gd. 9’s, 4d. 5’s, 31 d. 0’s, 3fd. X’s, 4Jd.